Re:Hong Kong: UK makes citizenship offer to residents
by gentleman11 on Wednesday July 01, 2020 @12:37PM
(#23703414)
Canada, in general, is famous for massive tax loopholes and hiding income. It is not really a hk issue and is in the news on its own “merits” all the time. There are so many wealthy Canadians avoiding taxes that apparently the national debt could be cleared if we could find a way to make them pay
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Re:Hong Kong: UK makes citizenship offer to residents
by qqn on Wednesday July 01, 2020 @03:08PM
(#23705202)
Yes, also so common that it has a name: https://wikipedia.org/wiki/Snow_washing
"The global elite, as well as criminals and foreigners avoiding economic sanctions, can set up shell companies to 'make suspect transactions seem legitimate' under the cover of Canada's reputation for fiscal integrity."